To survive you must first know the threat against you. This threat will get you guys first and then hit the general population. Prepare yourself for hard times.
Treasury may borrow federal retirement funds in debt emergency - FederalTimes.com
jj
To survive you must first know the threat against you. This threat will get you guys first and then hit the general population. Prepare yourself for hard times.
Treasury may borrow federal retirement funds in debt emergency - FederalTimes.com
jj
After this friday there will be alot of Fed Emps on the net (lots of free time)
OH, BTW Hitler did the same thing to Union Retirement Funds but to build munition factories, just before he invaded Poland and nationalized industry/Banned Unions.
You must keep in mind TPTB are Communists bent on the destruction of America, any method that will weaken the american economy and impoverish it's people looks like a winner to them.
If it comes close to the deadline I'll pull my money out of the G fund and throw it into another fund they (hopefully) aren't borrowing from.
Any cash you have in paper assets is at risk. The pentagon fund that was supposed to pay for my retirement has already been jacked. Just a matter of time before the check quits coming. Gold and silver baby!
I find it absolutely disgusting that when the Government shuts down, the military will not be paid, federal employees will not be paid, BUT Congress will still be getting their money. I know that in the next election not one single incumbent will get my vote.
Well, I guess I better look hard at my TSP. I might have to take a hit and cash it in. I might need it to live on for a while.
Here's a good one for you. I work on ships for the Government, if they shut down tomorrow are nearest "friendly port" would be Gitmo Bay, Cuba. I really don't want to go there, I need to go home and get some stuff organized, training, etc!
I am Postal, we don't depend on taxes so they look at us as a cash cow. We have to pre fund our retirements when no other agency does and the A holes consider it Government Income!![]()
Well the people who voted for change are getting it....
Latest news - they reached a deal, so no shutdown.
As to the comments about pulling money out of federal retirement plans because the politicians are eye balling that cash, I would not be surprised if they are.
I have heard months ago some democrats talking about taking some or all 401k plans and IRAs and forcing participants into government bonds - another way of saying we'll take your money and give you an iou.
I there is serious talk about that, I will take my IRAs and move it to one of those self directed IRAs that allows you to buy real estate. Then I will buy real estate in another country to make sure it is beyond the grasp of our esteemed and honorable members of congress (yeah, sarcasm).
<-----works at VA.
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